Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Short Interest Up 23.8% in November

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 25,000 shares, a growth of 23.8% from the October 31st total of 20,200 shares. Based on an average daily trading volume, of 56,000 shares, the days-to-cover ratio is presently 0.4 days.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.3 %

Shares of NYSE:BSL opened at $14.65 on Monday. Blackstone Senior Floating Rate 2027 Term Fund has a 1 year low of $12.88 and a 1 year high of $14.70. The firm’s 50-day moving average is $14.25 and its two-hundred day moving average is $14.18.

Blackstone Senior Floating Rate 2027 Term Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were paid a dividend of $0.114 per share. This represents a $1.37 annualized dividend and a yield of 9.34%. The ex-dividend date of this dividend was Thursday, November 21st.

Institutional Investors Weigh In On Blackstone Senior Floating Rate 2027 Term Fund

A number of hedge funds have recently added to or reduced their stakes in BSL. Hilltop Holdings Inc. grew its stake in shares of Blackstone Senior Floating Rate 2027 Term Fund by 16.6% in the third quarter. Hilltop Holdings Inc. now owns 42,515 shares of the company’s stock worth $600,000 after acquiring an additional 6,050 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 27.4% in the third quarter. Advisors Asset Management Inc. now owns 259,545 shares of the company’s stock valued at $3,665,000 after purchasing an additional 55,882 shares during the period. Wolverine Asset Management LLC acquired a new position in Blackstone Senior Floating Rate 2027 Term Fund during the 3rd quarter worth $148,000. Jaffetilchin Investment Partners LLC increased its holdings in Blackstone Senior Floating Rate 2027 Term Fund by 27.9% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 30,030 shares of the company’s stock worth $424,000 after purchasing an additional 6,548 shares during the period. Finally, Leavell Investment Management Inc. raised its position in Blackstone Senior Floating Rate 2027 Term Fund by 8.4% in the 3rd quarter. Leavell Investment Management Inc. now owns 171,225 shares of the company’s stock valued at $2,418,000 after purchasing an additional 13,225 shares in the last quarter.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.